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Montello

Learn about the people, housing, costs and businesses in Montello, Wisconsin

Median Home$214,746
Median Rent$754/month
Population1,509
Leading IndustriesArts, Food & Hospitality · Healthcare · Finance & Insurance8% arts, food & hospitality
Home Value Growth+7.8% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners79% of occupied units
Montello
WI

Frequently Asked Questions

What are today's mortgage rates in Montello?

As of today, the 30-year fixed mortgage rate for Montello is approximately 6.898% (6.934% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Montello?

The median home value in Montello is $215k. The median monthly rent is $754. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Montello?

Home values in Montello have increased 7.8% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Montello?

Based on a typical all-in ownership cost of $949/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Montello is $65k/year.

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What industries drive the economy in Montello?

The largest employment sectors in Montello are public administration (22%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.